PTS, Inc. (PTSH) Finalizes Merger With United Waste
19 Outubro 2012 - 4:45PM
Marketwired
PTS Inc. (PINKSHEETS:PTSH) (the "Company") www.ptspi.com is pleased
to announce the finalization of its merger with United Waste and
Energy Inc. (UWE), an Ohio based entity. With the finalization of
the merger, PTSH intends to appoint new officers and directors.
Over this coming weekend, the Company intends to update its
corporate website www.ptspi.com. The Company also intends to resume
its subscription to OTC Markets and commence filings of its
financial statements, officers and directors CV's and other
relevant information. Although PTSH over the past endured several
reverse splits, no such action is planned by the current
management. Moreover, no additional common shares were issued in
this merger. The merger was completed via complex preferred shares
collateralization with financial assistance of an accredited
investor. The Company has created a corporate introduction
PowerPoint, including its financials which can be viewed on this
link: www.tinyurl.com/9djre6t, to aid, assist and acquaint the
Company followers and shareholders with PTSH new business model and
direction.
The new business direction PTSH has chosen to take stems from
circumstances beyond its control. PTSH current operation subsidiary
Navistar Global Logistics (UK) Ltd has filed for bankruptcy
protection in UK. Notice: 1652641 (Issue: 60242) August 17,2012
Page number: 15907. See this link for details:
www.london-gazette.co.uk/issues/60242/notices/1652641. Save and
except the write-down which PTSH undertook on the Navistar asset(s)
and as outlined in PTSH current financials www.tinyurl.com/9autd5l
(PTSH financials). The UK bankruptcy of Navistar does not affect
the future or the day to day operations of PTSH in any shape or
form whatsoever.
More updates will follow shortly.
Safe Harbor Statement
Information in this release may contain statements about future
expectations, plans, prospects or performance of PTS Inc.
(PINKSHEETS:PTSH) that constitute forward-looking statements for
purposes of the Safe Harbor Provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be",
"expects", "may affect", "believed", "estimate", "project" and
similar words and phrases are intended to identify such
forward-looking statements. PTS Inc. (PINKSHEETS:PTSH) cautions you
that any forward-looking information provided by or on behalf of
PTS Inc. (PINKSHEETS:PTSH) is not a guarantee of future
performance. None of the information in this press release
constitutes or is intended as an offer to sell securities or
investment advice of any kind. PTS Inc. (PINKSHEETS:PTSH)'s actual
results may differ materially from those anticipated in such
forward-looking statements as a result of various important
factors, some of which are beyond PTS Inc. (PINKSHEETS:PTSH)'s
control. In addition to those discussed in PTS Inc.
(PINKSHEETS:PTSH)'s press releases, public filings, and statements
by PTS Inc. (PINKSHEETS:PTSH)'s management, including, but not
limited to, PTS Inc. (PINKSHEETS:PTSH)'s estimate of the
sufficiency of its existing capital resources, PTS Inc.
(PINKSHEETS:PTSH)'s ability to raise additional capital to fund
future operations, PTS Inc. (PINKSHEETS:PTSH)'s ability to repay
its existing indebtedness, the uncertainties involved in estimating
market opportunities, and in identifying contracts which match PTS
Inc. (PINKSHEETS:PTSH)'s capability to be awarded contracts. All
such forward-looking statements are current only as of the date on
which such statements were made. PTS Inc. (PINKSHEETS:PTSH) does
not undertake any obligation to publicly update any forward-looking
statement to reflect events or circumstances after the date on
which any such statement is made or to reflect the occurrence of
unanticipated events.
Contacts: PTS Inc. Investor RelationsInfo.investors@ptspi.com
www.ptspi.com
PTS (CE) (USOTC:PTSH)
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